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Why would you want a company you like to go public? To keep chasing profits to the detriment of everything else?

Why in the world would one want a company like this to go public? They are a very stable, established and profitable private entity. Based on what Hetzner is doing right now, it seems like the current way of operating that is intended by the leadership is closely aligned with what their customers want. This is often the first thing that goes out the window once a company becomes public

> I wish they would go public.

I wish that they'll just keep on running a good profitable business without going public, or getting bought by Amazon, or otherwise shifting focus to providing shareholder value.

> I wish they would go public.

If they go public they will be bought by foreign private equity.

Yes I agree, we need more public companies in Europe.

Private companies are inherently less social since they don’t allow ordinary people to participate in growth.

In this sense, they’re selfish.

PS: yes I know that there are also downsides to public companies. But looking at the trade-offs I prefer that success can be shared as broadly as possible.

The comparison with OVH is a good one. For some reason OVH has much worse PUE, self-reporting 1.24 vs. Hetzner's 1.11. Operating costs are basically just electricity for these places, so their margins are that much worse.

For further comparison, Google at a similar latitude in Saint-Ghislain, Belgium, claims 1.08.

"Mittelstand" in Germany seems to be roughly: below 500 Employees, below 50 Million € turnover. Hetzner makes more like 400 Million € turnover but with 300 Employees. So it's technically above it but they are propably a very tight margin buisness. As such i'd say yes.